Vistra Corp. has won a landmark 15-year nuclear energy contract with Meta, securing 1.2 billion dollars in revenue and boosting its stock by 15% in early trading. The deal marks a pivotal moment in clean energy infrastructure for tech-driven data centers.
- Vistra secured a $1.2 billion, 15-year nuclear power contract with Meta
- Supply will come from the Quad Cities nuclear plant in Illinois, providing 1,200 MW
- VST stock rose 15% on the announcement
- The deal supports Meta’s 2030 net-zero target and AI infrastructure needs
- Signals growing corporate interest in nuclear for reliable, clean baseload power
- May catalyze further nuclear partnerships and infrastructure investment
Vistra Corp. has clinched a transformative 15-year agreement with Meta to supply 1.2 billion dollars in clean, baseload nuclear power to support the company’s growing global data center operations. The deal centers on the existing Quad Cities nuclear plant in Illinois, where Vistra will provide approximately 1,200 megawatts of carbon-free electricity—enough to power over 1 million homes annually. This marks the first large-scale nuclear procurement agreement between a major U.S. utility and a tech firm for data center needs. The arrangement underscores a strategic pivot by Meta toward reliable, 24/7 clean energy sources amid rising electricity demands from AI infrastructure. With data centers accounting for an estimated 1% of global electricity use—expected to grow by 30% in the next five years—this contract signals a broader trend: tech firms are increasingly prioritizing long-term, stable energy supplies over intermittent renewables alone. Vistra’s nuclear assets offer the consistent output needed to maintain server uptime and meet ESG commitments. The market reacted swiftly, with Vistra’s stock (VST) surging 15% in pre-market trading, reflecting investor confidence in the company’s shift toward high-margin, long-term energy contracts. The deal also enhances Vistra’s position in the clean energy transition, potentially unlocking additional nuclear partnerships and infrastructure investment. Meta’s commitment to net-zero operations by 2030 gains significant momentum through this agreement. The transaction strengthens the case for nuclear energy as a cornerstone of decarbonized grid systems, especially for energy-intensive industries. It may also influence future regulatory and capital allocations toward nuclear modernization and new build projects in the U.S.